SLIDE 3 COMPETENT PERSONS STATEMENT & IMPORTANT NOTICES
Compet
ent Perso rsons ns Stat atem ement ent The information in this report that relates to exploration targets and exploration results on Cox’s Find (M38/170, M38/578, M35/740), ML38/1256, E38/2829, E38/2442, E38/2856, E38/2857, EPM26810, EPM26527, EPM 27130 and EPM 27131 is based on, and fairly represents, information and supporting documentation compiled by Dr Bryce Healy. Dr Healy is an employee of Noventum Group Pty Ltd (ACN 624 875 323) and has been engaged by Great Southern Mining Limited as Exploration Manager. He has sufficient experience relevant to the style of mineralisation and type of deposit under consideration. Dr Healy is a Member of the Australian Institute of Geoscientists and as such, is a Competent Person for the Reporting of Exploration Results, Mineral Resources and Ore Reserves under the JORC Code (2012). Dr Healy consents to the inclusion in the report of the matters based on his information in the form and context in which they occur. The information in this report that relates to the Mineral Resources estimation approach at the Project is based on information compiled by Dr Michael Cunningham, GradDip, (Geostatstics) BSc honours (Geoscience), PhD, MAusIMM, MAIG. Dr Cunningham is a Principal Consultant, full-time, of SRK Consulting (Australasia) Pty Ltd. He has sufficient experience relevant to the assessment and of this style of mineralisation to qualify as a Competent Person as defined by the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves – The JORC Code (2012)”. Dr Cunningham consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Dr Healy. Statements regarding the Company’s plans with respect to Mineral Resources, exploration programs and future developments are forward-looking statements. There can be no assurance that the Company’s plans will proceed at stated times in the future. Additionally, future drilling programs and outcomes presented are based on current estimates using information available at the time
- f the documents preparation. There is no guarantee that the programs will confirm the presence of additional mineral resources.
The Company has released all material information that relates to exploration results and Mineral Resources estimates on a continuous basis to the ASX and in compliance with JORC 2012. The Company confirms that it is not aware of any new information that materially affects the content of the announcements. Refer to each relevant announcements in the table for JORC 2012 compliant Table 1 disclosure.
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ASX Anno nounc uncem ement ent referre ferred to to in in this Pres esent entation
are as as fol
Expl plor
ation n Target et – Cox’s Find Gold Project – ASX Anno noun uncem ement ent 10 Febr ebrua uary 2020. 20. The geological model developed by GSN and its consultants has identified a number of Exploration Targets that provide untested geological ‘look-alike’ analogues for the Cox’s Find orebody, with evidence of mineralisation and within the mineralisation and alteration footprint of the Cox’s Find deposit. GSN has defined a combined gold Exploration Target at Cox’s Find around these analogues of 260,000 to 480,000 tonnes at a grade range between 15-25 g/t Au. These conceptual targets have been developed on multiple lines of evidence, (including geological mapping, geophysical data interpretation, geochemical anomalism, historical drilling, historical underground workings, and the Cox’s Find orebody itself) and includes remnant mineralisation intersected in recent drilling and strike extensions. The Exploration Target at Cox’s Find is based on the Cox’s Find high-grade mineralisation model and the major assumption on each structural repeat is that of similar tenor and extent and grade to that defined at the Cox’s Find
- rebody and similarly confined within a 200m depth extent from surface. The potential quantity and grade of the
Exploration Target is conceptual in nature. There has been insufficient exploration to determine a mineral resource and there is no certainty that further exploration work will result in the determination of mineral resources. Each Exploration Target requires reconnaissance exploration to validate and is reported here to allow an understanding of the projects upside potential at an early stage and to provide the Company guidance on scaling of future exploration programs. The Exploration Target takes no account of geological complexity, possible mining method or metallurgical recovery factors.
2 Date Announcement 14/05/2020 Deferral of Vendor Payment – Cox’s Find Gold Project 08/05/2020 Placement for $3.15m to fund aggressive exploration programs 30/04/2020 Quarterly Activities and Cashflow Report 22/04/2020 Geochemical Survey Results - Cox's Find 15/04/2020 Hyperspectral Survey identifies large gold target at Edinburgh Park 10/03/2020 Cox's Find expansion tenement application 10/02/2020 Multiple new near mine targets at Cox's Find 19/12/2019 Cox's Find Gold Project - Exploration update 4/12/2019 Further high-grade interceptions at Cox's Find 26/11/2019 Cox's Find Gold Project - Drilling Update 8/11/2019 GSN to partner with Evolution Mining on Hyperspectral Survey 26/08/2019 Acquisition of the historic Cox’s Find Gold Mine 5/07/2019 Reconnaissance drilling update - Rocky Ponds Breccia 5/06/2019 Agreement to acquire the Cox's Find Gold Project 21/02/2019 Acceleration of drilling activities - Mon Ami Gold Project 14/02/2019 High grade rock chips returned at Edinburgh Park Project 11/02/2019 Edinburgh Park Project - Rocky Ponds Breccia 6/02/2019 Porphyry system identified at Edinburgh Park Project 25/01/2019 Mon Ami Gold Project -Metallurgical announcement – updated 7/11/2018 Mon Ami Gold Project - Maiden Mineral Resource Estimate
